Palo Alto Networks, Inc. $PANW Stake Boosted by Clearwave Capital LLC

Clearwave Capital LLC raised its position in shares of Palo Alto Networks, Inc. (NASDAQ:PANW) by 146.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,847 shares of the network technology company’s stock after acquiring an additional 1,692 shares during the period. Clearwave Capital LLC’s holdings in Palo Alto Networks were worth $456,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new stake in Palo Alto Networks during the fourth quarter valued at $1,415,364,000. Vanguard Group Inc. raised its position in shares of Palo Alto Networks by 4.1% in the fourth quarter. Vanguard Group Inc. now owns 67,929,063 shares of the network technology company’s stock valued at $12,512,533,000 after purchasing an additional 2,659,100 shares during the period. Bank of America Corp DE lifted its position in Palo Alto Networks by 11.9% during the 4th quarter. Bank of America Corp DE now owns 19,375,486 shares of the network technology company’s stock worth $3,568,964,000 after acquiring an additional 2,065,776 shares during the last quarter. Employees Provident Fund Board bought a new position in shares of Palo Alto Networks in the fourth quarter worth about $281,542,000. Finally, Eurizon Capital SGR S.p.A. bought a new position in Palo Alto Networks in the 4th quarter worth approximately $164,968,000. 79.82% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Palo Alto Networks

In other news, EVP Lee Klarich sold 62,904 shares of Palo Alto Networks stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $258.65, for a total value of $16,270,119.60. Following the completion of the sale, the executive vice president directly owned 235,983 shares in the company, valued at approximately $61,037,002.95. The trade was a 21.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John P. Key sold 7,500 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $279.24, for a total value of $2,094,300.00. Following the completion of the transaction, the director directly owned 12,500 shares of the company’s stock, valued at approximately $3,490,500. This trade represents a 37.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 100,539 shares of company stock valued at $26,931,565 in the last quarter. Company insiders own 1.40% of the company’s stock.

Palo Alto Networks Trading Down 5.7%

NASDAQ PANW opened at $337.04 on Wednesday. The stock’s 50 day moving average price is $265.29 and its two-hundred day moving average price is $203.79. Palo Alto Networks, Inc. has a 52 week low of $139.57 and a 52 week high of $368.17. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market capitalization of $274.69 billion, a price-to-earnings ratio of 276.26, a PEG ratio of 13.28 and a beta of 0.91.

Palo Alto Networks (NASDAQ:PANW) last issued its quarterly earnings results on Tuesday, June 2nd. The network technology company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.79 by $0.06. Palo Alto Networks had a return on equity of 10.53% and a net margin of 7.95%.The firm had revenue of $3 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the prior year, the firm posted $0.37 earnings per share. The business’s quarterly revenue was up 31.1% compared to the same quarter last year. Palo Alto Networks has set its FY 2026 guidance at 3.770-3.790 EPS and its Q4 2026 guidance at 0.960-0.980 EPS. As a group, analysts anticipate that Palo Alto Networks, Inc. will post 2.03 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Stifel Nicolaus set a $340.00 price objective on shares of Palo Alto Networks in a report on Wednesday, June 3rd. DA Davidson lifted their price objective on Palo Alto Networks from $190.00 to $345.00 and gave the company a “buy” rating in a report on Wednesday, June 3rd. Benchmark boosted their target price on Palo Alto Networks from $270.00 to $340.00 and gave the stock a “buy” rating in a report on Wednesday, June 3rd. Morgan Stanley increased their price objective on shares of Palo Alto Networks from $253.00 to $320.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Finally, Royal Bank Of Canada increased their price objective on Palo Alto Networks from $255.00 to $330.00 and gave the company an “outperform” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, thirty-nine have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $317.78.

Key Palo Alto Networks News

Here are the key news stories impacting Palo Alto Networks this week:

• Positive Sentiment: Needham raised its price target on Palo Alto Networks from $350 to $425 and kept a buy rating, signaling confidence in additional upside from current levels. Benzinga report on Needham price target increase
• Positive Sentiment: BTIG recently lifted its target from $333 to $380, maintained a buy rating, and kept PANW as a top pick, citing improving business momentum and strong demand for AI-driven security solutions. BTIG raised PT on Palo Alto (PANW), Here’s Why
• Positive Sentiment: Wells Fargo also raised its price target on the stock, adding to a wave of favorable analyst commentary that has been supporting the share price. Palo Alto Networks (PANW) Stock Trades Up, Here Is Why
• Neutral Sentiment: Several recent articles highlighted PANW’s strong six-month rally and its position as an “agentic AI” and high-growth cybersecurity stock, reinforcing positive sentiment but not adding new fundamentals. Palo Alto (PANW) Up More than 96% Over The Past 6 Months
• Negative Sentiment: Some Seeking Alpha pieces argued the stock’s valuation has become stretched and warned that the recent re-rating may have gone too far, which could temper enthusiasm after the sharp run-up. Extreme Exuberance Is A Warning Sign

Palo Alto Networks Company Profile

Palo Alto Networks (NASDAQ: PANW) is a cybersecurity company founded in 2005 and headquartered in Santa Clara, California. The firm develops a broad suite of security products and services designed to prevent successful cyberattacks and protect enterprise networks, clouds, and endpoints. Built around a platform strategy, its offerings target threat prevention, detection, response and governance across hybrid and multi-cloud environments.

The company’s product portfolio includes next‑generation firewalls as a core on‑premises capability, alongside cloud‑delivered security services and software for securing public and private clouds.